RDM 4.35% 11.0¢ red metal limited

RDM is one of my larger holdings. Have followed it for years and...

  1. fox
    137 Posts.
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    RDM is one of my larger holdings. Have followed it for years and got back in recently. As another poster mentioned the Moronan resource is too deep and on the apron. From the a slide in their presentation the vent will be drillied in the new year. The modelling they have done suggests its very similar to Cannington. Im expecting the results from the vent to be better than that from the apron and then it is all very economic. It's defintiely Tier 1 if the results come in.
    https://hotcopper.com.au/data/attachments/2364/2364008-bc37d582bc6020484d3bb3aad9d5531f.jpg
 
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